General Motors Stock News

Right now, it's all about oil prices and attempts from Western governments to squeeze Russia's economy.

Electric vehicles, with their stored energy in batteries, can become rolling power generators. That creates some interesting possibilities for the power grid.

U.S. automotive giant General Motors (GM) and South Korea''s Posco Chemical have announced plans to build a plant in Quebec that will produce the materials needed for electric vehicle (EV) batteries. The companies said the new facility, to be based in Becancour, Quebec, will cost $400 million U.S. It will produce cathode active materials (CAM) for GM’s Ultium EV batteries and will be a standalone factory. The materials developed in Quebec will be moved to Ultium plants in the U.S. where the battery cells will then be made by General Motors and Posco Chemical. General Motors said in a news release that CAM consists of processed nickel, lithium and other materials, and will ultimately help power electric vehicles such as the Chevrolet Silverado EV and GMC Hummer EV. CAM represents almost 40% of the cost of every electric vehicle battery. Site preparation and construction are scheduled to begin immediately and will create around 200 jobs in Quebec. The Quebec announcement comes after GM and Posco agreed to form a CAM processing joint venture last December and build a factory in North America.

CNBC Television published this video item, entitled "PG&E, GM announce electric-vehicle partnership to power homes in California" - below is their

California will be the testing ground for utility and U.S. automaker.

General Motors and Pacific Gas & Electric Company to test bidirectional charging technology that enables GM EVs to act as on-demand power sources for homes.

PG&E to Test GM’s Electric Vehicles as Backup Power for Homes

GM and PG&E are working together on a pilot to test the ability of electric vehicles to serve as a virtual power grid in California.

BEIJING (Reuters) – General Motors Co plans to create a new, independently owned premium brand in China that will market what the automaker’s China chief Julian Blissett recently described as “halo cars” brought in from the United States.

BEIJING : General Motors Co plans to create a new, independently owned premium brand in China that will market what the automaker’s China chief Julian Blissett recently described as “halo cars” brought in from the United States.GM plans to build this new “premium import business” from the groun

(Removes word ''halo'' from headline, adds definition for it in third paragraph)BEIJING :General Motors Co plans to create a new, independently owned premium brand in China that will market what the automaker’s China chief Julian Blissett recently described as “halo cars” brought in from the United State

General Motors Company (NYSE: GM) is rolling out a startup-like import unit that would focus on China’s high-end market, CnEVpost reported on Tuesday, citing a company executive. What Happened:�

Riding the Oracle of Omaha's coattails has been a moneymaking proposition for a long time.

SEOUL, March 8 (Yonhap) -- South Korean chemical maker POSCO Chemical Co. said Tuesday it will build a joint cathode venture with U.S. auto giant General Motors Co. in Canada to supply the key material to the U.S. automaker''s electric vehicles. The

The plant will be operational by 2025, create 200 jobs and will produce cathode active material, a major component of EV batteries that GM will assemble in the U.S.